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Word has it Marc Raibert is not the easiest person to work with as an acquiring company, in a sense that he will keep control of the company, and do whatever he
by 317070 6y ago
Word has it Marc Raibert is not the easiest person to work with as an acquiring company, in a sense that he will keep control of the company, and do whatever he wants with it.
Good for him, I think.
- PopeDotNinja 6y agoDoing what you want works until the money runs out.
- PicassoCTs 6y agoIf your potential grows faster then the money runs out, you can play this game indefinitely. Source: River in Brazil
- alborzb 6y agoPardon my ignorance. What is 'River in Brazil'? I tried googling a phew phrases to find something to no avail.
- tngranados 6y agoAmazon
- vaughnegut 6y agoI think the poster is referring to Amazon
- deleted 6y ago[deleted]
- pkaye 6y agoDidn't Amazon just roll its profits back into growth in new industries. If they stopped that they could have shown profits earlier.
- CyberDildonics 6y agoamazon never had their money run out, they have been incredibly profitable for a long time, they just put it back into the company. Building up patents and technology is the not the same as not showing a profit on your balance sheet.
- ActorNightly 6y agoAmazon AWS is the literal incarnation of "money printer go BRRRR" meme. The profit margins are insane on it. They have zero issues with money reserves to expand to new things.
- forgotmysn 6y agoMarc is no longer CEO
- 317070 6y agoNo, but will that stop him? Or will that allow acquiring companies to start asserting some control? Or will Boston Dynamics yet again use the US military as a counterbalancing force to do what they want? The main point is that profitability is probably not the issue why BD is switching owners so often. Some of these owners did not need the cashflow from the sale in the first place.
- forgotmysn 6y agoi understand, and i agree that his inflexibility was a large contributor to why Google moved them to softbank. since softbank though, marc has transitioned to a chairman role, and the company has put in a lot of work into commercialization. i suspect they are still mostly R&D focused, but they are focusing more on commercialization than they ever have before in their history.
- abledon 6y agoHes pretty popular on youtube though, just hit 1M subs
- ActorNightly 6y agoI dunno if he has any say anymore given that the company belongs to Softbank who will write the terms of the sale. And generally, it got passed around because there is valuable research IP that belongs to the company, which given the right market can be valuable, so in the spirit of capitalizing on it if that market realizes, companies either jump on it, or preemptively buy it for a later sale (which is no doubt what Softbank did)